The Private Sector Commission (PSC) has heaped praise on the NEW GPC/Limacol for its acquisition of the Guyana Caribbean Premier League franchise.

The PSC in a statement congratulated the NEW GPC/Limacol on securing the franchise, noting that the investment by a local company will bring worldwide recognition for the local Limacol product and will also help to put Guyana on the map for sporting fans across the world. “This will be the first time that a local product achieves such international recognition and the Private Sector Commission is pleased to applaud this venture.

The commission looks forward to other local companies following suit.” On Tuesday, CPL announced that well-known Guyanese businessman, Dr Ranjisinghi “Bobby” Ramroop, owner of the NEW GPC/Limacol had won the Guyana franchise. The final agreement with Dr Ramroop was signed on Monday in Guyana with CPL officials. This announcement comes hot on the heels of the recent selection of the new franchise-based teams that took place on Wednesday, June 5.

Headquartered in Guyana, NEW GPC/Limacol has been operating for 90 years and is the Caribbean’s oldest and largest manufacturer of generic pharmaceuticals, over-the-counter cosmetics preparations, and veterinary products of the highest quality. Dr Ramroop was very excited about what is to come as the new owner of the Guyana franchise.

“The CPL is just what we needed in the Caribbean and in Guyana. This tournament and my companies’ investment will help to develop cricket talent and also stimulate economies across the region,” said Ramroop.

“We are elated to be part of this inaugural year and look forward to the growth and development of CPL, which we believe will be the envy of the cricketing world.”

“We are thrilled to have Dr Ramroop and his group of companies as part of the CPL,” CPL Chief Executive Officer Damien O’Donohoe said. “It is clear that he understands our vision and what we want to achieve. We appreciate the enthusiasm he brings and we believe that Team Guyana will benefit greatly from his support.”

The inaugural Caribbean Premier League starts on July 30 in Barbados and concludes on August 24 in Trinidad. The matches in Guyana take place on July 31 and August 2 and 4.